Regional Analysis
Global Plastic Regulatory Market- Regional Insights
- North America: Both the U.S. and Canada have implemented various plastic regulations at the state and provincial levels. Several states in the U.S., including California and New York, have banned or restricted certain single-use plastic products. There is growing interest in implementing extended producer responsibility programs to incentivize manufacturers to take responsibility for the end-of-life management of their plastic products, and this region holds a substantial percentage of the market share, accounting for approximately 40%.
- Europe: The European Union (EU) has been at the forefront of plastic regulation. The EU has introduced several measures, including the Single-Use plastics directive, the circular economy action plan, and the plastics strategy, which aim to reduce plastic waste, increase recycling rates, and promote the use of more sustainable materials. The EU's regulations have led to bans or restrictions on single-use plastic products, the implementation of extended producer responsibility schemes, and the promotion of recycled content in plastic packaging. Europe holds around 25% of the market share.
- Asia Pacific: Countries in the Asia Pacific region are also taking steps to address plastic pollution. For example, China has banned single-use plastic bags and restricted the use of disposable plastic utensils in major cities. India has implemented a nationwide ban on certain single-use plastics, and other countries in the region, such as Thailand and Malaysia, are imposing stricter regulations on plastic waste imports and Asia Pacific accounts for approximately 20% of the market share.
Figure 1. Global Plastic Regulatory Market Share (%), By Region, 2023
Geographies covered: | - North America: U.S. and Canada
- Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
- Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
- Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
- Middle East & Africa: GCC Countries, Israel, South Africa, North Africa, and Central Africa and Rest of Middle East
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U.S.: 
U.K. : 
India :